Highland Capital Management: Investing in the Dream

Highland Capital Management, L.P. was founded in 1993 by Mark Okada and James Dondero. It is an SEC-registered investment adviser that has around $15.4 billion in assets under their control, together with its affiliate businesses. Highland is among the most experienced international alternative credit manager with specialty on credit strategies, with specific interest on credit hedge funds, separate accounts, long-only funds and collateralized loan obligations.

 

The company’s history began in 1990 when the founding partners put together a partnership with Protective Life Insurance Corporation. It was in 1993 that the venture grew into Protective Asset Management Company (PAMCO). The company took off by 1997, James and Mark bought Protective Life stakes at PAMCO hence establishing Ranger Asset Management, L.P. The company changed the name in a year assuming the name Highland Capital Management, L.P. This marked the beginning of an empire.

 

In 2000, the company unveiled its very first commingled bank loan fund. It also launched the alternative investment 40 Act that same year. Highland continued expanding its ventures in 2004 by joining the mutual fund business thanks to an acquisition of Columbia Asset Management’s floating funds. In 2008, the firm opened a Singapore office and in 2011, a Seoul office.

 

Highland today is independently-owned and boasts of over 20 years’ experience in a variety of products for both institutional and retail investors. Highland Capital Management has its headquarters in Dallas, Texas and offices in São Paulo, Singapore, New York City and Seoul. The diverse client base comprises of pension plans, endowments and foundations, corporations, financial institutes, the government and high net worth people.

 

Highland focuses on providing value to investors by providing distinctive products, chasing emerging opportunities and protecting investor’s capital. At the heart of it all is community. Highland Community Management invests in more than financial markets. Bringing about change through volunteerism or advisory board involvement, and financial donations to both national non-profit organizations and local community organizations is a priority. The firm and its partners have committed in excess of $10 million to different organizations across the globe.

 

 

 

 

 

 

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